David Korten

There is no visible sign that the current politicians in the US are willing to see the need for change. ”

The professional study of economics has become ideological brainwashing. It is a defense of the excesses of the capitalist system. ”

So, there is enormous instability in the global economy with a shift of winners and losers. ”

Not exclusively, but the bulk of our local economy should be covered by local currencies, which is more efficient than having global currencies which lose connection with reality in the markets, shops and communities of the people. ”

If you look at the US economy over the last 15-20 years wages have been stagnating or even declining. ”

The first principle of the market economy is that it is comprised of many small buyers and sellers, which implies a substantial degree of equity. Another fundamental market principle is that costs are internalized in the producer's price. ”

My claim is that we do not have a market economy, but a capitalist economy. ”

Moreover, statistics can be deceiving: the growth of jobs in the US in the 90s was due to many part-time jobs, with no benefits and generally low pay. ”